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  • #214,581
  • Mar 22, 2010 8:11pm Mar 22, 2010 8:11pm
Quoting Clouds
u must really have grudge against the us. are u selling usd?
  • #214,582
  • Mar 22, 2010 8:11pm Mar 22, 2010 8:11pm
Quoting Clouds
u must really have grudge against the us. are u selling usd?
I am not against US, I am not against anyone, but the truth is there and you just have to want see it; and you will see it.
  • #214,583
  • Mar 22, 2010 8:12pm Mar 22, 2010 8:12pm
hey Clouds just see the performance of the usd against the indian rupee this year its fallen whereas on the other hand its risen against the euro and pound
  • #214,584
  • Mar 22, 2010 8:14pm Mar 22, 2010 8:14pm
buddy it is simple no magic- india has a very high inflation. they have a very high interest rate- which drives rupee hiher. Also indians PPP has stayed pretty much constant- so makes no sense for it to jump off hoops against usd. it fell to where it started.

Quoting bksujal
hey Clouds just see the performance of the usd against the indian rupee this year its fallen whereas on the other hand its risen against the euro and pound
Its all in the mind.
  • #214,585
  • Mar 22, 2010 8:14pm Mar 22, 2010 8:14pm
Quoting Cod
I would tend to view stories like that as contrived fodder for the talking heads but if you think there is real tension there between opposing forces I can respect your opinion.
I don't necessarily believe it word for word, but that kind of arrogance is endemic in large corporations etc
Doing what you like is Freedom. Liking what you do is Happiness.
  • #214,586
  • Mar 22, 2010 8:16pm Mar 22, 2010 8:16pm
Quoting bksujal
i agree though i think it would take sometime to happen but it would happen someday.
In the past every scientist was going to USA to get education or to work, but not any more. USA is losing young brains, and more and more technology and inovations come from Asia. After US moved almost all work intensive production to Asian countries, the only thing they have left was technology and know-how, but they are losing that too, and we have clear spot of problem.
  • #214,587
  • Mar 22, 2010 8:17pm Mar 22, 2010 8:17pm
Quoting guzda
India is also a huge threat for US. India is very rich for resources, huge market(1 billion), but the better thing is education. India has the best specialists in every science category. People there are the leading scientists, many Indians speak English better than Americans. India became as a Borg. They are huge brain collective which will overtake China once; and US of course.
Perhaps, but their leadership still leaves a lot to be desired.....for instance, how good is their recent purchase of 200 tons of gold benefiting the majority of their population that live in 3rd world conditions?
Doing what you like is Freedom. Liking what you do is Happiness.
  • #214,588
  • Mar 22, 2010 8:19pm Mar 22, 2010 8:19pm
Quoting 5abi
buddy it is simple no magic- india has a very high inflation. they have a very high interest rate- which drives rupee hiher. Also indians PPP has stayed pretty much constant- so makes no sense for it to jump off hoops against usd. it fell to where it started.
hmm ya
  • #214,589
  • Mar 22, 2010 8:19pm Mar 22, 2010 8:19pm
soemthing does not sound right. a continent of xenophobics that have a negative population growth versus amercas with + ve growth rate- who wins?

Quoting guzda
In the past every scientist was going to USA to get education or to work, but not any more. USA is losing young brains, and more and more technology and inovations come from Asia. After US moved almost all work intensive production to Asian countries, the only thing they have left was technology and know-how, but they are losing that too, and we have clear spot of problem.
Its all in the mind.
  • #214,590
  • Mar 22, 2010 8:20pm Mar 22, 2010 8:20pm
i picked it up from some one...but to ur point..the yen master said "we will see"



Quoting realjumper
Perhaps, but their leadership still leaves a lot to be desired.....for instance, how good is their recent purchase of 200 tons of gold benefiting the majority of their population that live in 3rd world conditions?
Its all in the mind.
  • #214,591
  • Mar 22, 2010 8:22pm Mar 22, 2010 8:22pm
Quoting realjumper
Perhaps, but their leadership still leaves a lot to be desired.....for instance, how good is their recent purchase of 200 tons of gold benefiting the majority of their population that live in 3rd world conditions?
You think that there are bad conditions. India, and China have more billioners year after year, life gets better and better. I was in China, and in India, and I saw everything I had to, so now I can say that there is not any worse situation than it was in the US two years ago, when whole new tent willages were rising on the parkings in front of the shopping malls when crisis started. Trust me, the media and marketing campaign is everything.
  • #214,592
  • Mar 22, 2010 8:22pm Mar 22, 2010 8:22pm
allrite lets bring the discussion back to the euro dollar for this thread really is for.. Do you guys think euro has bottomed out against the dollar at-least for the short term and could head up to 1.4000 levels?
  • #214,593
  • Mar 22, 2010 8:22pm Mar 22, 2010 8:22pm
later
Its all in the mind.
  • #214,594
  • Mar 22, 2010 8:24pm Mar 22, 2010 8:24pm
I've never played with these fib fans before, but it's interesting that the fan stopped the climb, and now the tradition fib line is stopping the fall.....assuming I drew the fan correctly of course!!
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Doing what you like is Freedom. Liking what you do is Happiness.
  • #214,595
  • Mar 22, 2010 8:25pm Mar 22, 2010 8:25pm
Quoting 5abi
soemthing does not sound right. a continent of xenophobics that have a negative population growth versus amercas with + ve growth rate- who wins?
You can be patriot but you can not spit on all other countries. David won the battle with Goliat, so don't be so selfconfident about US.
  • #214,596
  • Mar 22, 2010 8:26pm Mar 22, 2010 8:26pm
Quoting guzda
You think that there are bad conditions. India, and China have more billioners year after year, life gets better and better. I was in China, and in India, and I saw everything I had to, so now I can say that there is not any worse situation than it was in the US two years ago, when whole new tent willages were rising on the parkings in front of the shopping malls when crisis started. Trust me, the media and marketing campaign is everything.
I too have been to India, and USA.....I know where the majority of 3rd world living conditions lay....
Doing what you like is Freedom. Liking what you do is Happiness.
  • #214,597
  • Mar 22, 2010 8:26pm Mar 22, 2010 8:26pm
Quoting guzda
There are numerous facts that are against US economy, some are in favour Europe, and the most are in favour China. The only thing why US want China to devaluate yuan is they are affraid of huge imports from China, so they want make it more expensive for Americans in order to buy domestic goods.

These movements in EU is just a result of anti Europe campaign. I already told you that US macroeconomists are very worried about US leading position in the future, and they are doing everything they can to keep winning.
get a clue,

the reason is their currency doesnt float comparible to u.s. an unfair trade practice. it means no matter what, their products are cheaper. compared to u.s products. its a goverment subsidised currency. they have goverment subsidised fuel and electricity to make products. u.s. free markets or anyone on the globe cant compete with china's subsidised markets. no company can compete against china. they manipulate their currency. on a even playing field u.s. will compete. i would take a u.s. or german product over anything china makes when able.
those who can, do. those who cant, talk about those who can
  • #214,598
  • Mar 22, 2010 8:28pm Mar 22, 2010 8:28pm
Quoting realjumper
Perhaps, but their leadership still leaves a lot to be desired.....for instance, how good is their recent purchase of 200 tons of gold benefiting the majority of their population that live in 3rd world conditions?
I totally agree with you about the leadership in India.

I am from India.

If only the leadership decided to think for the country rather than their bank accounts we would be way ahead in every area of development.

Doubt its gonna change in the near future. It forms the basis of why I stopped trading in the Indian stock market.
  • #214,599
  • Mar 22, 2010 8:32pm Mar 22, 2010 8:32pm
Quoting realjumper
Perhaps, but their leadership still leaves a lot to be desired.....for instance, how good is their recent purchase of 200 tons of gold benefiting the majority of their population that live in 3rd world conditions?
*LMFAO* where is Pt when you need him? one born every minute.
those who can, do. those who cant, talk about those who can
  • #214,600
  • Mar 22, 2010 8:33pm Mar 22, 2010 8:33pm
Quoting gatorinla
get a clue,

the reason is their currency doesnt float comparible to u.s. an unfair trade prectice. it means no matter what, their products are cheaper. compared to u.s products. its a goverment subsidised currency. they have goverment subsidised fuel and electricity to make products. u.s. free markets or anyone on the globe cant compete with china's subsidised markets. no company can compete against china. they manipulate their currency. on a even playing field u.s. will compete. i would take a u.s. or german product over anything china makes...
i agree
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